iShares MSCI Global Min Vol Factor ETF (BATS:ACWV) Sets New 12-Month High – Should You Buy?

iShares MSCI Global Min Vol Factor ETF (BATS:ACWV) hit a new 52-week high on Monday . The company traded as high as $115.64 and last traded at $114.72, with a volume of 51431 shares traded. The stock had previously closed at $114.93.

iShares MSCI Global Min Vol Factor ETF Trading Down 0.2 %

The company has a market capitalization of $4.65 billion, a P/E ratio of 16.96 and a beta of 0.47. The company has a 50 day moving average price of $113.96 and a 200 day moving average price of $110.32.

Hedge Funds Weigh In On iShares MSCI Global Min Vol Factor ETF

Several large investors have recently modified their holdings of the stock. Brown Brothers Harriman & Co. bought a new stake in shares of iShares MSCI Global Min Vol Factor ETF during the 3rd quarter worth about $1,729,000. Magnolia Capital Advisors LLC acquired a new stake in iShares MSCI Global Min Vol Factor ETF during the second quarter worth approximately $1,566,000. Vantage Financial Partners LLC boosted its holdings in shares of iShares MSCI Global Min Vol Factor ETF by 24.2% during the second quarter. Vantage Financial Partners LLC now owns 11,814 shares of the company’s stock worth $1,236,000 after acquiring an additional 2,301 shares during the period. Cable Hill Partners LLC acquired a new position in shares of iShares MSCI Global Min Vol Factor ETF in the third quarter valued at approximately $246,000. Finally, Wilmington Savings Fund Society FSB bought a new position in shares of iShares MSCI Global Min Vol Factor ETF during the third quarter worth approximately $77,000.

iShares MSCI Global Min Vol Factor ETF Company Profile

The iShares MSCI Global Min Vol Factor ETF (ACWV) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of large- and mid-cap global stocks selected and weighted to create a low volatility portfolio. ACWV was launched on Oct 18, 2011 and is managed by BlackRock.